Tenet Healthcare Corporation

Tenet Healthcare Corporation

THC · NYSE · Healthcare / Medical Care Facilities

275.13USD+3.53 (+1.30%)

Price History

Full chart

Market Stats

Previous Close271.6
Open274.83
Day Range273.76 – 277.6
52-Week Range157.58 – 283.05
Volume676.90K
Market Cap20.77B
P/E (TTM)9.97
Forward P/E12.53
EPS25.87
Dividend Yield0.00%
Beta1.23
50-Day Avg255.66
200-Day Avg212.03

About

Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; tertiary care services, such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; pediatric quaternary care services through heart, liver, and kidney transplants programs; and limb salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging technology, surgical robotic, and telemedicine access services. In addition, it offers a range of procedures and services comprising orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. Further, the company operates acute care and specialty hospitals, off-campus emergency departments, imaging centers, urgent care centers, and micro-hospitals, as well as ambulatory surgery centers and surgical hospitals. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.

Company Details

  • SectorHealthcare
  • IndustryMedical Care Facilities
  • CEODr. Saumya Sutaria M.D.
  • Employees77.00K
  • Headquarters14201 Dallas Parkway, Dallas, TX, United States, 75254, USA
  • Websitehttps://www.tenethealth.com

Leadership

  • Dr. Saumya Sutaria M.D.Chairman & CEO · b. 1973
  • Mr. Sun K. ParkExecutive VP & CFO · b. 1976
  • Ms. Lisa Y. FooExecutive VP & Chief Operating Officer · b. 1991
  • Ms. Paola M. ArbourExecutive VP & Chief Information Officer · b. 1964
  • Mr. Thomas W. ArnstEVP, Chief Administrative Officer, Chief Risk Officer, General Counsel & Corporate Secretary · b. 1963
  • Mr. John Michael GroomsSenior VP, Controller & Principal Accounting Officer · b. 1978
  • Mr. William McDowell IIIVice President of Investor Relations
  • Ms. Jana DurfeeSenior VP & Chief Compliance Officer
  • Mr. Michael T. MaloneyExecutive Vice President of Corporate Development
  • Mr. Clint HaileyChief Managed Care Officer & Senior VP · b. 1965

Financials

Income Statement

Line item1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.20B3.68B3.94B3.81B3.98B3.76B2.97B2.97B3.32B7.71B8.69B9.89B10.88B11.41B12.05B12.05B13.91B10.05B8.77B8.33B8.45B8.08B8.59B9.01B8.27B8.65B9.12B11.09B16.60B18.63B19.62B19.18B18.31B18.48B17.64B19.48B19.17B20.55B20.66B21.31B
Cost of Revenue2.68B3.09B3.25B3.06B3.28B3.16B2.46B2.46B2.69B6.35B7.83B3.45B3.87B4.12B4.28B4.28B4.28B8.16B5.34B5.32B5.31B5.02B5.29B5.43B1.54B1.55B5.81B7.16B10.65B11.95B12.48B12.38B11.65B11.77B11.41B12.22B12.13B12.74B12.46B3.78B
Gross Profit522.00M583.00M683.00M741.00M706.00M598.80M512.00M512.00M623.00M1.36B857.00M6.45B7.01B7.29B7.77B7.77B7.77B5.05B3.42B3.00B3.15B3.06B3.29B3.59B6.72B7.11B3.31B3.93B5.95B6.68B7.14B6.79B6.66B6.71B6.23B7.27B7.05B7.80B8.21B17.53B
Operating Income383.00M426.00M513.00M569.00M510.00M399.80M314.00M314.00M428.00M938.00M414.00M1.35B1.30B1.40B1.55B1.63B2.09B-991.00M-1.20B-16.00M-732.00M2.17B2.30B596.00M634.00M653.00M749.00M663.00M925.00M1.08B1.25B1.11B1.64B1.54B1.99B2.87B2.33B2.51B5.96B3.44B
EBITDA522.00M583.00M683.00M741.00M706.00M598.80M512.00M512.00M623.00M1.36B857.00M1.81B1.86B1.94B2.10B2.18B2.70B-611.00M-814.00M311.00M-395.00M659.00M843.00M1.06B962.00M937.00M1.18B861.00M1.75B1.85B2.08B1.80B2.44B2.15B2.53B3.67B3.08B3.39B6.89B4.48B
Net Income148.00M143.00M242.00M277.00M104.00M160.00M-425.10M-425.10M183.00M450.00M-254.00M261.00M249.00M302.00M643.00M643.00M785.00M-1.56B-2.81B-724.00M-803.00M-89.00M25.00M187.00M1.14B82.00M152.00M-134.00M12.00M-140.00M-192.00M-704.00M104.00M-215.00M399.00M914.00M411.00M611.00M3.20B1.41B
R&D------------------------00000000--------
Interest Expense151.00M95.00M132.00M78.00M67.00M497.00M203.80M0479.10M62.00M221.80M607.00M1.03B1.16B1.11B518.00M518.00M2.49B2.51B932.00M1.35B439.00M418.00M445.00M424.00M375.00M412.00M474.00M754.00M912.00M979.00M1.03B1.00B985.00M1.00B923.00M890.00M901.00M826.00M821.00M

Balance Sheet

Line item1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.43B3.51B3.88B3.81B4.06B4.24B4.17B3.70B3.70B7.92B8.33B11.71B12.83B13.28B13.16B12.99B13.92B12.30B10.08B9.81B8.54B8.39B8.17B7.95B8.50B8.46B9.04B16.13B18.14B23.68B24.70B23.39B22.41B23.35B27.11B27.58B27.16B28.31B28.94B29.68B
Total Liabilities2.51B2.54B2.78B2.55B2.30B2.56B2.42B2.38B2.38B5.93B5.70B8.48B9.28B9.19B9.10B7.92B8.03B7.94B8.35B8.79B8.28B8.34B8.07B7.26B6.68B6.95B7.81B15.01B16.95B20.46B21.23B20.98B20.30B21.36B24.22B23.32B22.55B22.80B20.39B20.70B
Total Equity925.00M962.00M1.10B1.26B1.76B1.67B1.75B1.32B1.32B1.99B2.64B3.22B3.56B4.09B4.07B5.08B5.89B4.36B1.73B1.02B264.00M54.00M103.00M646.00M1.77B1.42B1.14B755.00M651.00M691.00M417.00M-147.00M-119.00M-371.00M28.00M1.03B1.14B1.61B4.17B4.22B
Cash74.00M95.00M49.00M101.00M116.00M114.00M141.00M313.00M313.00M155.00M89.00M35.00M23.00M31.00M135.00M62.00M40.00M619.00M654.00M1.37B784.00M572.00M507.00M690.00M405.00M113.00M364.00M113.00M193.00M356.00M716.00M611.00M411.00M262.00M2.45B2.36B858.00M1.23B3.02B2.88B
Total Debt1.29B1.72B1.64B1.24B1.30B1.18B835.00M835.00M3.56B4.54B5.05B5.84B6.44B5.82B4.23B4.23B3.92B4.06B4.44B4.80B4.78B4.77B4.78B4.27B4.06B4.36B5.25B10.85B11.62B14.51B15.26B14.94B14.83B14.75B15.72B15.65B15.08B15.00B14.33B13.17B
Net Debt1.20B1.67B1.54B1.13B1.19B1.03B522.00M522.00M3.40B4.43B5.01B5.82B6.41B5.79B4.17B4.17B3.88B3.44B3.78B3.43B4.00B4.20B4.27B3.58B3.66B4.25B4.89B10.74B11.42B14.15B14.54B14.33B14.41B14.49B13.27B13.28B14.22B13.77B11.31B10.29B

Cash Flow

Line item1988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow365.00M448.00M600.00M559.00M398.00M147.00M147.00M-7.00M195.00M404.00M403.00M582.00M869.00M1.82B2.31B838.00M-82.00M763.00M-462.00M326.00M208.00M425.00M472.00M497.00M593.00M589.00M687.00M1.03B558.00M1.20B1.05B1.23B3.41B1.57B1.08B2.37B2.05B3.54B
Investing Cash Flow-569.00M-341.00M-337.00M-299.00M386.00M--1.51B-800.00M-1.13B-1.08B-1.15B-36.00M-574.00M--1.23B-333.00M-12.00M-392.00M-379.00M-520.00M-274.00M-125.00M-420.00M-503.00M-662.00M-2.16B-1.32B-1.32B-430.00M21.00M-115.00M-619.00M-1.61B-714.00M-808.00M-969.00M3.43B-1.27B
Financing Cash Flow173.00M-244.00M-224.00M-72.00M-361.00M-361.00M1.36B398.00M653.00M668.00M571.00M-727.00M-1.32B-1.32B-1.11B-96.00M129.00M348.00M252.00M-18.00M1.00M-117.00M-337.00M-286.00M320.00M1.32B715.00M454.00M232.00M-1.33B-1.13B-763.00M385.00M-936.00M-1.78B-1.03B-3.69B-2.40B
Capital Expenditure388.00M450.00M378.00M421.00M319.00M185.00M185.00M1.69B370.00M406.00M1.21B1.24B657.00M630.00M889.00M872.00M558.00M578.00M643.00M729.00M547.00M456.00M476.00M475.00M508.00M691.00M933.00M842.00M875.00M707.00M617.00M670.00M540.00M658.00M762.00M751.00M931.00M1.01B
Free Cash Flow-23.00M-2.00M222.00M138.00M79.00M-38.00M-38.00M-1.70B-175.00M-2.00M-810.00M-656.00M212.00M1.19B1.43B-34.00M-640.00M185.00M-1.10B-403.00M-339.00M-31.00M-4.00M22.00M85.00M-102.00M-246.00M184.00M-317.00M493.00M432.00M563.00M2.87B910.00M321.00M1.62B1.12B2.53B
Dividends Paid49.00M56.00M62.00M76.00M78.00M40.00M40.00M---------------32.00M24.00M14.00M27.00M45.00M110.00M218.00M987.00M288.00M307.00M287.00M423.00M560.00M---

Earnings

Report DateJan 9, 1996Sep 25, 1996Jan 7, 1997Apr 10, 1997Jul 31, 1997Oct 1, 1997Jan 8, 1998May 31, 1998Jul 28, 1998Oct 7, 1998Jan 7, 1999Apr 8, 1999Jul 28, 1999Oct 6, 1999Mar 31, 2000May 31, 2000Jul 26, 2000Oct 3, 2000Jan 4, 2001Apr 4, 2001Jul 11, 2001Oct 3, 2001Jan 4, 2002Apr 2, 2002Jul 11, 2002Oct 2, 2002Jan 13, 2003May 14, 2003Aug 7, 2003Nov 10, 2003Mar 15, 2004May 4, 2004Aug 3, 2004Nov 2, 2004Mar 8, 2005May 3, 2005Aug 2, 2005Nov 1, 2005Mar 2, 2006May 9, 2006Aug 9, 2006Nov 7, 2006Feb 27, 2007May 8, 2007Aug 7, 2007Nov 6, 2007Feb 26, 2008May 6, 2008Aug 5, 2008Nov 4, 2008Feb 24, 2009May 5, 2009Aug 4, 2009Nov 3, 2009Feb 23, 2010May 4, 2010Aug 3, 2010Nov 2, 2010Feb 25, 2011May 3, 2011Aug 2, 2011Nov 1, 2011Feb 28, 2012May 8, 2012Aug 7, 2012Nov 7, 2012Feb 26, 2013Apr 30, 2013Aug 6, 2013Nov 4, 2013Feb 24, 2014May 5, 2014Aug 4, 2014Nov 3, 2014Feb 23, 2015May 4, 2015Aug 3, 2015Nov 2, 2015Feb 22, 2016May 2, 2016Aug 1, 2016Oct 31, 2016Feb 27, 2017May 1, 2017Aug 7, 2017Oct 27, 2017Feb 26, 2018Apr 30, 2018Aug 6, 2018Nov 5, 2018Feb 25, 2019Apr 29, 2019Aug 5, 2019Nov 4, 2019Feb 24, 2020May 4, 2020Aug 3, 2020Oct 20, 2020Feb 9, 2021Apr 20, 2021Jul 21, 2021Oct 20, 2021Feb 7, 2022Apr 20, 2022Jul 21, 2022Oct 20, 2022Feb 9, 2023Apr 25, 2023Jul 31, 2023Oct 30, 2023Feb 8, 2024Apr 30, 2024Jul 24, 2024Oct 29, 2024Feb 6, 2025Apr 29, 2025Jul 22, 2025Oct 28, 2025Feb 11, 2026Apr 30, 2026Jul 23, 2026Oct 27, 2026
EPS Estimate0.790.890.941.011.071.021.10-1.281.161.101.141.141.011.24-1.311.201.331.541.661.711.882.182.961.692.741.290.850.030.070.12-0.02-0.20-0.34-0.18-0.14-0.21-0.28-0.08-0.11-0.24-0.17-0.06-0.04-0.27-0.110.02-0.04-0.11-0.090.13-0.14-0.070.030.290.240.160.310.540.330.020.570.360.180.320.680.310.710.450.34-0.140.010.101.180.310.440.280.340.340.520.170.22-0.52-0.18-0.431.24-0.040.230.120.280.290.440.320.980.37-0.710.241.810.721.071.081.491.060.801.221.231.151.251.201.621.441.912.372.833.132.873.354.074.174.084.59
EPS Actual0.830.880.931.041.091.011.09-1.221.251.171.071.071.121.041.470.171.361.281.441.601.811.792.082.282.561.962.881.361.080.400.280.20-0.24-0.32-0.24-0.16-0.08-0.64-0.480.120.16-0.32-0.44-0.12-0.24-0.24-0.080.16-0.08-0.24-0.040.400.120.120.210.600.28-0.040.400.680.360.160.840.520.420.320.550.330.730.470.43-0.030.170.361.030.670.750.290.350.450.380.160.06-0.27-0.17-0.171.400.570.490.290.510.540.560.580.991.281.260.644.721.301.591.992.701.931.501.441.961.421.441.442.683.222.312.933.444.364.023.704.704.826.12-
Surprise5.06%-1.12%-1.06%2.97%1.87%-0.98%-0.91%--2.34%0.86%-2.73%-6.14%-1.75%2.97%18.55%-3.82%6.67%8.27%3.90%9.04%4.68%10.64%4.59%-13.51%15.98%5.11%5.43%27.06%1233.33%300.00%66.67%-1100.00%-60.00%29.41%11.11%42.86%-204.76%-71.43%250.00%245.45%-33.33%-158.82%-100.00%-500.00%11.11%27.27%700.00%-100.00%-118.18%55.56%207.69%185.71%271.43%609.67%106.90%16.67%-125.00%29.03%25.93%9.09%700.00%47.37%44.44%133.33%0.00%-19.12%6.45%2.82%4.44%26.47%78.57%1600.00%260.00%-12.71%116.13%70.45%3.57%2.94%32.35%-26.92%-5.88%-72.73%48.08%5.56%60.47%12.90%1525.00%113.04%141.67%82.14%86.21%27.27%81.25%1.02%245.95%277.46%166.67%160.77%80.56%48.60%84.26%81.21%82.08%87.50%18.03%59.35%23.48%15.20%20.00%65.43%123.61%20.94%23.63%21.45%39.30%40.07%10.45%15.48%15.59%50.00%-
Timing---Pre-marketPre-marketPre-marketPre-market------------Pre-market--Pre-marketPre-marketPre-marketPre-market--Pre-marketAfter-hoursAfter-hours-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap20.77B
Enterprise Value32.18B
Trailing P/E9.97
Forward P/E12.53
PEG Ratio1.82
Price / Sales0.95
Price / Book4.53
EPS25.87
Book Value57.86
Revenue (TTM)21.81B
Gross Profit (TTM)9.09B
EBITDA4.84B
Profit Margin10.27%
Operating Margin18.16%
Return on Equity37.34%
Return on Assets8.32%
Shares Outstanding80.52M
Shares Float79.68M
Beta1.23
Dividend Yield0.00%
Dividend Rate0
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 22 analystsTarget 284.64
  • Strong Buy
    14
  • Buy
    6
  • Hold
    2

Ownership Breakdown

Institutions
101.92%
Insiders
0.97%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    8.70M10.81%
  • FMR Inc
    7.78M9.66%
  • T. Rowe Price Associates, Inc.
    7.52M9.34%
  • Boston Partners Global Investors, Inc
    4.43M5.51%
  • Vanguard Portfolio Management, LLC
    4.32M5.36%
  • Vanguard Capital Management, LLC
    3.91M4.86%
  • State Street Corp
    2.72M3.37%
  • Glenview Capital Management LLC
    2.24M2.78%
  • Geode Capital Management, LLC
    1.93M2.40%
  • Amvescap Plc.
    1.79M2.22%
  • Citadel Advisors Llc
    1.77M2.19%
  • Ameriprise Financial Inc
    1.49M1.85%
  • Dimensional Fund Advisors, Inc.
    1.45M1.80%
  • AQR Capital Management LLC
    1.44M1.79%

Top Fund Holders

  • CQS Dynamic Credit Multi asset F GBP
    8.46M10.51%
  • iShares Core S&P Mid-Cap ETF
    3.02M3.75%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.74M3.40%
  • Vanguard Small Cap Index
    1.98M2.46%
  • T. Rowe Price Value
    1.65M2.05%
  • JHancock Disciplined Value Mid Cap I
    1.51M1.87%

Dividends

20001×
0.03Mar 13, 2000
19933×
0.32Aug 16, 19930.32May 17, 19930.32Feb 12, 1993
19924×
0.32Nov 6, 19920.32Aug 10, 19920.31May 11, 19920.31Feb 10, 1992
19914×
0.31Nov 8, 19910.31Aug 12, 19910.27May 13, 19910.27Feb 11, 1991
19905×
0.27Nov 9, 19900.27Aug 13, 19900.24May 14, 19900.24Feb 12, 19902.50Feb 1, 1990
19894×
0.24Nov 13, 19890.24Aug 14, 19890.23May 15, 19890.23Feb 13, 1989
19883×
0.23Nov 14, 19880.23Aug 15, 19880.21May 16, 1988

Stock Splits

  • Oct 11, 20121:4
  • Jul 1, 20023:2
  • Sep 16, 19912:1